Payday Loan News for 01/07/2007
Payday lending still pays - East County News
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2 payday loan firms fined $1.2 million (Seattle Post-Intelligencer) State regulators levied a record total of $1.2 million fines this week against two payday lending companies in a move applauded by consumer advocates, who say such lenders prey on poor people and trap them in a spiral of debt... | ||
Judge allows class-action lawsuit against Money Mart to proceed (CP via Yahoo! Canada News) WINDSOR, Ont. (CP) - An Ontario judge has certified a class-action lawsuit against payday loan companies that claims their rates are excessive... | ||
In Business Q and A Wayne Tew, Chief executive, Clark County . - In Business Las Vegas
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City Council Puts Hold On Payday Loans - MyFox Kansas City
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LATEST GEORGIA HEADLINES (AccessNorthGA) Georgia's new crackdown on "payday" lending is facing a stiff test as two financiers charged with 49 violations of the law are asking the state's highest court to strike it down... | ||
State files charges against payday lenders (BizJournals) The state Department of Financial Institutions said it filed numerous charges against payday lenders Advance Til Payday and Zippy Cash, including allegations that the companies exceeded the state maximum loan limit... | ||
Washington state fines payday loan companies $1.2 million (WRIC 8 News Richmond) OLYMPIA, Wash. Two payday lending companies have been hit with over one (m) million dollars in penalties by a Washington state agency, which also plans to revoke... | ||
ALABAMA VOICES: State's Small Loan Act should cover payday loans - Montgomery Advertiser
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State fines payday loan companies $1.2 million (The Olympian) OLYMPIA -- Two payday lending companies have been hit with a record $1.2 million in penalties by a Washington state agency which also plans to revoke their business licenses... | ||
Kansas legislators find their plates full as session opens - Kansas.com
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Washington state fines payday loan companies $1.2 million - Longview Daily News
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Banking groups urge Pentagon to narrowly apply law (Reuters via Yahoo! News) Banking trade groups want the Pentagon to narrowly apply a law that caps interest rates and fees on military personnel to payday loans only and not to other credit services, according to a letter obtained by Reuters on Friday... | ||
Pentagon as financial regulator? No, industry begs (Reuters via Yahoo! News) The Pentagon is writing a rule to keep the minds of U.S. troops on their missions by shielding them from debt, but the prospect of the Defense Department as a regulator frightens the financial industry... | ||
Payday lending law faces test before Georgia Supreme Court - Macon Telegraph
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2 "payday" lenders fined for violations of state lending limits (Seattle Times) State regulators levied a record $1.2 million in penalties against two "payday" lending companies Thursday and moved to ban the owners from... | ||
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Money Mart suit certified as class action - London Free Press
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Washington state fines payday loan companies $1.2 million (WDBJ 7 Roanoke) OLYMPIA, Wash. Two payday lending companies have been hit with over one (m) million dollars in penalties by a Washington state agency, which also plans to revoke their business licenses... | ||
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Banks may offer payday loan alternatives - Kansas.com
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Pentagon as financial regulator? No, industry begs - Monsters and Critics.com
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